Skip to main content

About your Search

20130104
20130112
Search Results 0 to 9 of about 10
hugo chavez's inauguration is legal. they decided he doesn't need to be sworn in to start a new testimony and cat can not be declared absent. the supreme court said his minister should continue uninterrupted and inauguration will be held at a later date. they postponed today's inauguration of hugo chavez allowing him to recover from cancer surgery in cuba. the constitution states the new president must take office by january 10th. they will allow chavez to recover before taking office. lori: who is running the government? melissa: fox business contributor phil flynn of price futures group is in the pits of the cme. phil, the real news is the inventory report. i see goose lien moving lower after a bearish report that showed gasoline supplies swelled. >> i think bearish was an understatement. it was a flood of gasoline. we saw gasoline supplies surge by 7.4 million barrels. holy smokes! that is three or four weeks worth of gasoline all at one time. that put inventories at a 22-month high. that came as demand for oil products overall fell to a 11-month low. we're seeing pressure on
take-home pay may be less than previously thought. melissa: president hugo chavez to be sworn in their reports are swirling he may be losing his battle with cancer. now it is time for stocks with nicole petallides at new york stock exchange with the jobs report. >> it looks good. holding above 13,000 ford -- 30,400 with the dow jones industrial average. obviously what a nice run. kicking off 2013 beautifully. helping the 401k to soar. do not get ahead of ourselves but it is now better than expected. but it is the right direction. look at some names of the banking index morgan stanley and goldman sachs are pulling back but they did upgrade city group and with the housing we band of -- route rebound and over a deutsche bank we have seen them do well today. they are up 45% each. lori: said job numbers are in job creation was in line with expectation the revision has the country holding steady. they actually revised the unemployment rate. now let's go to washington with peter barnes. and yesterday's adp report set the bar to high. >> i heard that from some analysts today coming in
right now on hugo chavez. let's get to our international correspondent michelle caruso-cabrera. >> it's official. hugo chavez will not be sworn in as the leader of venezuela on january 10th as it was supposed to occur. he's still in havana being treated for cancer. the story goes as follows. the vice president says -- of venezuela says he's either spoken or received a letter from chavez saying the doctors won't permit him to go to the inauguration and doctors asked that they delay the inauguration and this could very well set off a constitutional crisis in venezuela. the opposition is going to say this is not allowed. why do we care? second largest reserves in the world when it comes to oil. the biggest in the western hemisphere. they have got refineries actually right here in the united states. they supply 8% of our supply in any given year. just because he's sick or just because he's not inaugurated doesn't mean we get that oil but any instability certainly raises question about supply. maria, back to you. >> michelle, thanks so much. we'll keep on it. michelle caruso-cabrera. meanw
, venezuelan president hugo chavez is supposed to be inaugurated tomorrow but he's still sick in cuba. what now? the first video of google executive chairman eric schmidt in a north korean computer lab. michelle, good morning to you. >> that was my typo, computer lab there, carl. let's start with venezuela, where we are waiting any moment now for the venezuelan supreme court to decide whether or not it is constitutional to delay the inauguration tomorrow of hugo chavez. that is what he has supposedly asked for. that's what the parliament there agreed to do. i say supposedly, because we haven't seen him in nearly a month. there's been no proof of life. he is in cuba receiving cancer treatment at this point. could bring on a constitutional crisis in venezuela, because the constitution there says you're supposed to have an election within 30 days. if the winner cannot actually be inaugurated. we'll see what happens there. we'll show you what's going on with venezuelan bonds. they're widely held with a lot of fixed-income portfolios. look at that, nearly 9%. when hugo chavez first got sick, venezue
behind it. details after this. >>> why you should care that hugo chavez won't make it back to venezuela in time for a scheduled swearing-in. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ oh, hey mike. what are you up to? oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm.
with serious health issues. what this means for hugo chavez and his government. also here in the u.s., the gun control debate. a house democrat, a vietnam veteran and gun owner, talk ts about possible regulation. then at 3:00 eastern, a plane goes down off venezuela, a fashion executive is missing. the latest on the search for vittorio missoni.>>> good-bye, l cliff, hello debt ceiling cliff. i'm ali velshi. your elected officials ready to push america over the edge of the cliff. >>ly not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >> well, yes, you will, mr. president, and very soon. democrats and republicans are set to clash again over raising the u.s. debt ceiling. let me tell you back in the old days the u.s. had a system where every time a bill involving money was passed the treasury had to raise money for it by issuing bonds. the debt ceiling law was established to give the u.s. treasury the flexibility to borrow money without going to congress to get approval every time a bill was p
'm thinking hugo chavez, who's going to be running the country, he's not well, why do you like this? >> first, venezuela's own fundamentals, you know, it's a socialist country. they waste a lot of money, but they have cheap oil, and they have a lot of it. so their ability and willingnesses to pay -- ashley: always there. >> yeah, it's always there, and spreads are generous. ashley: so you're not concerned about unrest, you know, political issues and unrest in general? >> well, you know, we're definitely watch events as they occur, but there is a chance that if there's a regime change, it could be good for the country, and that would really help our bonds. ashley: corporate asset classes, what are we talking about? >> we love em corporate asset class this year. they lagged a little bit the sovereigns last year, i think they're really going to do well. we like a little bit of, i mean, investment grade and high-yield both, we love russian corporates across the board. they offer generous spreads compared to their counterparts -- ashley: interesting, yeah. >> turkish banks. ashley: turkishbacks. >
's hugo chavez's inauguration. this as the opposition party steps up calls for the careta r caretaker. at the same time, bonds have rallied on speculation that a government transition could soon be under way. joining us with his thoughts, neal sherring. good to see you. >> good morning. >> what is going to happen in venezuela? >> i think it's very difficult to say with any precision as to what is going to happen next. i think what we can say is the expectations that we're going to get somehow a smooth transition for the current socialist@administration to a more market friendly administration, i think they're going to be disappointed. wa we've seen in the world over the past few years, is these transitions, when they do happen, are rarely smooth. there's always bumps along the way. i think actually if you look at the rally we've had in bond yields, as the bond markets -- >> down to five-year lows. >> down to five-year lows, but they start to sell off over the past couple of days. and i think that reflected a growing sense of the market that things aren't going to be quite as smooth. >
:35. the inauguration of hugo chavez has been postponed. he's recovering from his most recent cancer surgery. he's had complications. chaves was due to the sworn in tomorrow but officials say he will have to be sworn in at a later date. he's recovering from a severe respiratory infection after his cancer surgery. opposition leaders say postponing the inauguration violents the constitution of swen. swen-- of venezuela. >>> 8:35. this morning, water service is back to normal at alta bates summit medical center after a pump plumbing problem lasted several hours. an alert was issued yesterday afternoon about 1:00. that means water could only be used for urgent patient care. elective surgeries were postponed as a precaution. water service was restored shortly after 5:00 last night. >>> this morning -- a congressman announced introducing more cancer research. she will be joined by the actor of pat frick swayze who lost his battle in 2009. this morning's press conference will take place at stanford hospital in palo alto at 10:00. >>> curb cafes are popping up in the south bay. soon you will be able to eat me
the border. >>> don't know if hugo chavez will be sworn in next week. he has suffered severe lung infections. the government says he's being treated for a respiratory deficiency. he suffered complications after his fourth cancer surgery in havana, cuba next month. >>> look what happened at this demonstration in santiago, chile. it turned violent. hooded protesters threw molotov cocktails at two bank offices and started small fires. they were marking the fifth anniversary of the death of a young indian. he was shot in the back by a police officer during an attempt by the indians to reclaim farmland that they say belonged to their ancestors. that police officer who killed that indian was sentenced to three years in prison. >>> 8:41. changes could soon be coming to food safety rules. what the fda announced just minutes ago in an effort to reduce deaths related to food- borne illness. >>> and the reason thousands of tiny lights are being installed as we speak upon the bay bridge. ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safe
Search Results 0 to 9 of about 10